Fraud Stories - Page 19

Australian Stories

Fraud stories

Webinar: Managing fraud risk with a culture of compliance

Organisations are vulnerable to fraud and compliance risks that could deal significant damage if they are not properly protected and managed.

By Sara Barker • 2 min read • Fri, 14th May 2021

Phishing

AFP arrests two men with ties to Australian SMS phishing scheme

Two men have been arrested for their roles in an SMS phishing scheme that conned Australians out of money and identities.

By Sara Barker • 3 min read • Tue, 29th Sep 2020

Global Stories

Fraud stories

Cybersecurity

FiVerity launches 'revolutionary' Cyber Fraud Network

FiVerity launches industry-first Cyber Fraud Network to combat cyber tactics and fraudulent theft in financial institutions.

By Catherine Knowles • 3 min read • Fri, 27th Aug 2021

Fraud

Cost of fraud in Asia Pacific reaches almost $4 per transaction

A new study by LexisNexis Risk Solutions suggests that the cost of fraud in Asia Pacific tops almost US$4 for every transaction made.

By Staff Writer • 2 min read • Thu, 8th Jul 2021

Physical Security

Online payment fraud losses to exceed $206 billion, driven by identity theft

Online payment fraud losses are set to exceed $206 billion over the next five years, driven by identity fraud, according to Juniper Research.

By Shannon Williams • 3 min read • Tue, 6th Jul 2021

Cybersecurity

Ping Identity acquires bot detection firm SecuredTouch

Ping Identity has acquired fraud and bot detection firm SecuredTouch, combining fraud and identity security capabilities. The deal's terms were not disclosed.

By Staff Writer • 2 min read • Thu, 24th Jun 2021

Email Security

Scams number one online crime

Scams make up 56% of all online fraud attacks, according to new research from cyber intelligence company Group-IB.

By Shannon Williams • 3 min read • Fri, 11th Jun 2021

Unified Communications

Number porting fraud prompts extra measure from telcos

Telcos have banded together in an attempt to stamp out a relatively uncommon but potentially devastating type of fraud.

By RNZ • 2 min read • Thu, 3rd Jun 2021

Marketing Technologies

Forter doubles revenue in 12 months, raising $300 million for a $3 billion valuation

Forter, the eCommerce fraud prevention company, has raised $300m in funding, doubling its revenue and reaching a $3bn valuation.

By Ryan Morris-Reade • 3 min read • Fri, 28th May 2021

Marketing Technologies

Is fraud prevention costing eCommerce more than fraud itself?

By investing in advanced tools that access huge datasets, merchants get a better picture of what 'good' customers look like, meaning fewer are declined.

By Monica Acree • 4 min read • Wed, 12th May 2021

Email Security

New research reveals customer behaviour around fraud risks

Most attempts by organisations to educate customers about fraud are ineffective, says new research from Callsign.

By Catherine Knowles • 3 min read • Tue, 4th May 2021

Surveillance

Video: 10 Minute IT Jams - Who is GBG?

GBG regional general manager for ANZ, Carol Chris, discusses the key products and challenges faced by customers in the APAC region. #TechDay.

By Nick Forrester • 5 min read • Wed, 24th Feb 2021

Cybersecurity

Financial account takeovers on the rise - Kaspersky

Account takeovers accounted for every second fraudulent transaction in the finance industry in 2020, according to Kaspersky.

By Shannon Williams • 4 min read • Tue, 9th Feb 2021

Malware

Kaspersky identifies new banking malware targeting mobile users

Kaspersky discovers new banking malware that targets mobile users worldwide, with a particular focus on Brazil.

By Catherine Knowles • 3 min read • Wed, 11th Nov 2020

Open source

Digital payments fuelling fraud surge during COVID-19 crisis

Digital payments are driving a multibillion-dollar fraud surge worldwide, fueled by the rapid adoption of mobile apps and online channels during the pandemic.

By Shannon Williams • 4 min read • Tue, 27th Oct 2020